Answer:
COGS= $31,597.5
Explanation:
Giving the following information:
Direct materials $13.00
Direct labor 8.80
Manufacturing overhead 16.50
Last year, Wooten & McMahon Enterprises produced and sold 825 units
First, we need to calculate the cost of goods manufactured:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 0 + 13 + 8.8 + 16.5 - 0= $38.3
Total cost of goods manufactured= 825*38.3= $31,597.5
Now, we can calculate the cost of goods sold:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 0 + 31,597.5 - 0= $31,597.5
The number of books that will be produced such that the costs from the two methods be the same is 4668 units.
From the complete question, the total cost of the first equation will be:
= 8.25x + 65054
The total cost for the second equation will be:
= 19.50x + 12539
Then, we'll equate both equations together and this will be:
8.25x + 65054 = 19.50x + 12539
Collect like terms
19.50x - 8.25x = 65054 - 12539
11.25x = 52515
Divide both side by 11.25
11.25x/11.25 = 52515/11.25
x = 4668 units.
Therefore, the breakeven unit will be 4668 units.
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Answer:
Increase in income= $550,000
Explanation:
Giving the following information:
Variable costs per unit:
Manufacturing $60
If a special pricing order is accepted for 5,500 sails at a sales price of $ 160 per unit
Because there is no change in the fixed costs and there are no variable selling and administrative costs, the effect on income will be equal to the change in total contribution margin.
Total contribution margin= number of units* (selling price - unitary variable cost
Total contribution margin change= 5,500* (160 - 60)= $550,000
Increase in income= $550,000
Answer: demographic makeup
Explanation: Demographics is a population analysis based on criteria like age, ethnicity, and gender. Demographic data relates to systematically articulated social economic-economic statistics, including jobs, schooling, wages, marriage rates, rates of births and deaths, and much more.
Governments, companies, and NGOs use surveys to learn much more about the dynamics of a community for many reasons, including policy development and research on the economic market. Demographic information is collected to create a profile for the client base of the company for company's marketing objectives.
Thus, from the above we can conclude that the given case depicts demographic makeup.